WHOLE FOODS CRIES WOLF OVER 'FALSE' REPORT

SAN ANTONIO -- Whole Foods Market here said last week that negative comments about its profitability by an independent research publication were without basis in fact as it reported increased sales and same-store sales for the second quarter ended April 12.on the content of the report when contacted by SN last week.Whole Foods said the report resulted in a sell-off of its stock and a drop in the stock

May 04, 1998

SAN ANTONIO -- Whole Foods Market here said last week that negative comments about its profitability by an independent research publication were without basis in fact as it reported increased sales and same-store sales for the second quarter ended April 12.

on the content of the report when contacted by SN last week.

Whole Foods said the report resulted in a sell-off of its stock and a drop in the stock price from $67 to a two-month low of 58-7/8 early last week because of a